Ambiguities in contracts are always interpreted in favor of the side that wrote the contract, since they are the ones who know what the provision is supposed to mean
Indicate whether the statement is true or false
False
You might also like to view...
When two independent companies cooperate to have both brands highlighted in a product it is known as corporate parent branding
Indicate whether the statement is true or false
Which of the following is true of promotional pricing?
A) It leads to 'deal-prone' customers who buy products only during sales. B) It fortifies the brand's image in the eyes of customers if relied upon extensively. C) It simplifies shopping for customers if used simultaneously by multiple stores. D) It makes balancing short-term sales incentives against long-term brand building unnecessary. E) It is extremely beneficial for the brand's profitability if practiced repeatedly.
Which of the following statements concerning trademarks is not true?
A. A trademark may be a word, slogan, symbol, design or particular sound. B. Unlike a patent, trademarks last indefinitely. C. The PTO is responsible for the federal registration of trademarks. D. It is possible to file for a trademark if you intend to use this mark in the future.
Residual income indicates how ________
A) efficiently a division uses its average assets to generate sales and thereby profits B) much operating income the division earns on every dollar of sales C) much return a division generates on average assets D) much extra operating income a division generates above the minimum acceptable level